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e activity-based factory overhead per unit f

e activity-based factory overhead per unit f

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Valhalla Company manufactures small table lamps and desk lamps. The following shows the activities per product: Units Setups Inspections Assembly (dih) Small table lamps 8,000 10,000 32,000 8,000 Desk lamps 16,000 30,000 14,000 46,000 Use the following information prepared by Valhalla Company. Total Budgeted Activity Activity-Base Usage Activity Cost Setups 40,000 $160,000 Inspections 46,000 230,000 Assembly (dlh) 54,000 324,000 a. Determine the activity rates for each activity. Setups per setup Inspections per inspection Assembly per DLH b. Determine the activity-based factory overhead per unit for each product. Round your answers to two decimal places, if necessary. Small table lamp Desk lamp
Transcribed Image Text:Valhalla Company manufactures small table lamps and desk lamps. The following shows the activities per product: Units Setups Inspections Assembly (dih) Small table lamps 8,000 10,000 32,000 8,000 Desk lamps 16,000 30,000 14,000 46,000 Use the following information prepared by Valhalla Company. Total Budgeted Activity Activity-Base Usage Activity Cost Setups 40,000 $160,000 Inspections 46,000 230,000 Assembly (dlh) 54,000 324,000 a. Determine the activity rates for each activity. Setups per setup Inspections per inspection Assembly per DLH b. Determine the activity-based factory overhead per unit for each product. Round your answers to two decimal places, if necessary. Small table lamp Desk lamp
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